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Announcing its full year results, Carrefour has reported like-for-like sales growth of 7.8%, as sales, including VAT, reached €78.6 bn. The retailer also saw an improvement in its recurring operating margin, which increased to 3.1%, from 2.9%, with its recurring operating income rising by 16.4% to €2.1 bn.
Understand how Carrefour's global strategy has been impacted and accelerated by COVID-19 and how it is looking to evolve and embed its model and organisation as part of its aim ‘to be the world leader [for] food transition for all’.
This in-depth guide to France explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.
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An essential summary of trading priorities, latest developments, and other key commercial insights for Carrefour.
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